We are not paying the sky high rents that many are. The average rent we pay is only about 15% higher than our 10 year average. We have not had to get into bidding wars. I will not do that. If they want sky high rents then they can go somewhere else.
Most of our rental agreements have a bonus plan that kicks in if the prices or yields go over a certain amount. The last several years the landlords have gotten a bonus based on this formula.
They may still get a bonus this year but that will not be until Dec. we just paid the base rate all in the spring rather than the half spring and half fall.
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Today's Featured Article - Good As New - by Bill Goodwin. In the summer of 1995, my father, Russ Goodwin, and I acquired the 1945 Farmall B that my grandfather used as an overseer on a farm in Waynesboro, Georgia. After my grandfather’s death in 1955, J.P. Rollins, son of the landowner, used the tractor. In the winter 1985, while in his possession the engine block cracked and was unrepairable. He had told my father
... [Read Article]
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